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Get the free Proposed Consent Order - files consumerfinance

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This document pertains to a civil action initiated by the Consumer Financial Protection Bureau and the United States of America against Fairway Independent Mortgage Corporation. The action is designed to provide injunctive relief and monetary penalties regarding violations of housing and credit laws, specifically related to discriminatory practices in mortgage lending within majority-Black neighborhoods in the Birmingham-Hoover, Alabama area. The order outlines the responsibilities of...
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A proposed consent order is a legal document that outlines an agreement between parties to resolve a dispute or regulatory issue, often without admitting fault.
Typically, the parties involved in a legal or regulatory matter, such as individuals, organizations, or companies, are required to file a proposed consent order.
To fill out a proposed consent order, one should complete the designated form by providing necessary information such as the details of the dispute, agreement terms, and signatures of the parties involved.
The purpose of a proposed consent order is to facilitate a mutually acceptable resolution to a dispute while ensuring compliance with legal or regulatory standards.
The proposed consent order must include information such as the names of the parties involved, a description of the dispute, the terms of the agreement, and any relevant dates or deadlines.
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